Microeconomics : behavior, institutions, and evolution /Samuel Bowles
Material type:
TextPublisher number: International Book Distributors | ;Flat No.17,Prakash Apartments,5 Ansari Road,New Delhi-110002Series: Roundtable series in behavioral economicsPublication details: Princeton, N.J. : Princeton University Press , ©2004.Description: xi, 584 pages ; 24 cmISBN: - 9780691126388
- 338.5 BOW
| Item type | Current library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
Books
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SNU LIBRARY | 338.5 BOW (Browse shelf(Opens below)) | Not For Loan | 27377 |
Prologue: Economics and the Wealth of Nations and People --
pt. I. Coordination and Conflict: Generic Social Interactions --
Ch. 1. Social Interactions and Institutional Design --
Ch. 2. Spontaneous Order: The Self-organization of Economic Life --
Ch. 3. Preferences and Behavior --
Ch. 4. Coordination Failures and Institutional Responses --
Ch. 5. Dividing the Gains to Cooperation: Bargaining and Rent Seeking --
pt. II. Competition and Cooperation: The Institutions of Capitalism --
Ch. 6. Utopian Capitalism: Decentralized Coordination --
Ch. 7. Exchange: Contracts, Norms, and Power --
Ch. 8. Employment, Unemployment, and Wages --
Ch. 9. Credit Markets, Wealth Constraints, and Allocative Inefficiency --
Ch. 10. The Institutions of a Capitalist Economy --
pt. III. Change: The Coevolution of Institutions and Preferences --
Ch. 11. Institutional and Individual Evolution --
Ch. 12. Chance, Collective Action, and Institutional Innovation
In this introduction to modern microeconomic theory, Samuel Bowles returns to the classical economists' interest in the wealth and poverty of nations and people, the workings of the institutions of capitalist economies, and the coevolution of individual preferences and the structures of markets, firms, and other institutions. Using recent advances in evolutionary game theory, contract theory, behavioral experiments, and the modeling of dynamic processes, he develops a theory of how economic institutions shape individual behavior, and how institutions evolve due to individual actions, technological change, and chance events. Topics addressed include institutional innovation, social preferences, nonmarket social interactions, social capital, equilibrium unemployment, credit constraints, economic power, generalized increasing returns, disequilibrium outcomes, and path dependency." "Must reading for students and scholars not only in economics but across the behavioral sciences, this exposition of the new microeconomics moves the field beyond the conventional models of prices and markets toward a more accurate and policy-relevant portrayal of human social behavior
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